Author Archives: research

About research

Philstocks.ph™ is the online trading division of Accord Capital Equities Corporation (ACEC). In line with its mission to develop the latest innovations and technologies for efficient trade executions of clients, Accord Capital has created the Philstocks.ph™ in 2006 to become an effective online trading platform. In retrospect, not all brokerage houses have an online trading platform. In fact, there are only 10 PSE-recognized online trading facilities to date. This makes Philstocks.ph™ a member of an elite club of online trading participants.

Market Daily for Friday,

Posted on November 23, 2012 by research

Market Daily for Friday, 23 November 2012 HIGHLIGHTS: BSP’s overall confidence index rises to 49.5% in 4Q12 AC to invest in Vietnam infrastructure company TEL raises PhP6.2bn from long-term corporate notes MER to spend PhP11bn for 2013 capital expenditure Valuation … Continue reading →

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Accord Capital Daily, Friday, November 23, 2012

Posted on November 23, 2012 by research

Asian markets received a much needed boost from a survey indicating manufacturing activity in China picked up for the first time in more than a year. China’s PMI is estimated to have risen to 50.4 in November, crossing the 50-line … Continue reading →

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Accord Capital Daily, Thursday, November 22, 2012

Posted on November 22, 2012 by research

It was pretty much a pattern borrowed from the previous session marked by a strong jump at the opening bell, gradually giving up parts of the gain up to the final hour-and-a-half before buyers re-entered the picture to positively boost … Continue reading →

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Accord Capital Daily, Wednesday, November 21, 2012

Posted on November 21, 2012 by research

Philippine shares joined regional marts in cheering an overnight 200-point rise in the Dow as hopes the White House and the US Congress will be able to arrive at a common ground to avert falling off the fiscal cliff. For … Continue reading →

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Market Daily for Wednesday, 21 November 2012

Posted on November 21, 2012 by research

Market Daily for Wednesday, 21 November 2012 HIGHLIGHTS: Philippine Senate passes sin tax bill PF to sell secondary shares to lift public float to 15% NIKL to spend more for construction and repair of Taganito mine ETON net income falls … Continue reading →

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Market Daily for Tuesday, 20 November 2012

Posted on November 20, 2012 by research

Market Daily for Tuesday, 20 November 2012 HIGHLIGHTS: MWC and MPI to form consortium for Cebu bulk water project EEI bags MEG mall and office tower construction projects PX says 1st stage of Padcal clean up complete ELI could lose … Continue reading →

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Accord Capital Daily, Tuesday, November 20, 2012

Posted on November 20, 2012 by research

A LATE SURGE at the run-off stage saved the day for Philippine equities allowing the PSEI to join regional peers in an apparent new found cheer, albeit somewhat muted, as optimism grew that a break in the stand-off between President … Continue reading →

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Accord Capital Daily, Monday, November 19, 2012

Posted on November 19, 2012 by research

The top 10 gainers list is peppered with a mix of “speculative-flavored”, rumor-driven and thinly-traded counters. San Miguel Properties [pse: SMP] advanced 27.27% to PHP700.00 per share. Gatchalian-controlled Philippine Estates Corporation [pse: PHES] gained 26.56% to PHP0.81 as traded volume … Continue reading →

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Market Daily for Friday, 16 November 2012

Posted on November 16, 2012 by research

Market Daily for Friday, 16 November 2012 HIGHLIGHTS: Remittances climb 6% in September to US$2.04bn; up 5.7% year-to-date FGEN 9M12 net income surges to US$147m from US$10m VLL 9M12 net income grows 23% to PhP3.2bn on sales Valuation table For … Continue reading →

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Accord Capital Daily, Wednesday, November 15, 2012

Posted on November 15, 2012 by research

For the year-to-date, the PSEI has retraced no more than a 50% of a prior accumulated advance. The corrections have been between 30% and 50% of the immediately preceding aggregate points rise. The current leg which traces back to the … Continue reading →

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